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88
Jun 21, 2013
06/13
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KQED
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eye 88
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there really is no american economy. what we have is a network of metro economies and they're now stepping up and doing the hard work. >> but at the same time we all know that some of the toughest economic challenges are the state and local level. >> absolutely. but the great thing about metropolitan areas is they're not just governments. you know, the federal government is a government. state governments are government, metropolitan areas are networks. and we see that these networks are finding really creative and beneficial ways. >> rose: networks between what? >> networks of different companies, different philanthropic groups, different individuals, all coming together. they have loose or tight connections. and they can fund things more-- in a more creative or interesting way. so for example, when northeast ohio needed to reinvague rates economy, it drew on a network of philanthropis. they came together and said we need to figure out how to better support manufacturing. and how to better support small and medium sized
there really is no american economy. what we have is a network of metro economies and they're now stepping up and doing the hard work. >> but at the same time we all know that some of the toughest economic challenges are the state and local level. >> absolutely. but the great thing about metropolitan areas is they're not just governments. you know, the federal government is a government. state governments are government, metropolitan areas are networks. and we see that these...
114
114
Jun 21, 2013
06/13
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KQED
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eye 114
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economy and the world economy go cold turkey on all this easy money, and they-- nobody wants to be the last guy out of the market. and so they reacted very-- very swiftly, more than than i suspect the fed anticipates. >> brown: james pawlzen, is it a surprise. everyone knew at some point the fed would do this. >> i don't think so. i think that part of the big response that david speaks to has to do with the fact we've come up so much i think in the last year. we had a really big run, 25%, 30% run. often in big bull markets you have very violent but short-term sort of pull-backs and i think this was a catalyst that allowed traders to sell, the excuse to sell. i do think that people calm down a little bit, we adjust to little higher bond yields we're seeing in the last few days as the fed stops buying many as many bonds. i think we'll calm down and realize that the fed's real message is that the economy to them is looking a little better, and they think for the first time the economy is get along with a little less support from them all on its own as an equity investor that's probably a
economy and the world economy go cold turkey on all this easy money, and they-- nobody wants to be the last guy out of the market. and so they reacted very-- very swiftly, more than than i suspect the fed anticipates. >> brown: james pawlzen, is it a surprise. everyone knew at some point the fed would do this. >> i don't think so. i think that part of the big response that david speaks to has to do with the fact we've come up so much i think in the last year. we had a really big...
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143
Jun 15, 2013
06/13
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KQED
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eye 143
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economy left something to be desired today. factory output barely rose in may, and consumer sentiment fell in june. wall street reacted with a friday sell-off. the dow jones industrial average lost nearly 106 points to close at 15,70. the nasdaq fell nearly 22 points to close at 3,423. for the week, both the dow and the nasdaq lost more than 1%. those are some of the day's major stories. now, back to judy. >> woodruff: today the city of detroit, and its creditors, were presented with a series of painful options. retired city workers were warned of significant cuts in pensions and health insurance and creditors were told the city won't be able to pay them back. the day started with an announcement that the government already defaulted on some debt. it got worse from there. ray suarez has the story. >> make the banks pay. >> suarez: a handful of protesters picketed outside the westin hotel this morning, while inside, detroit's emergency manager kevyn orr laid out a last-ditch plan to 150 creditors to accept pennies on the dollar
economy left something to be desired today. factory output barely rose in may, and consumer sentiment fell in june. wall street reacted with a friday sell-off. the dow jones industrial average lost nearly 106 points to close at 15,70. the nasdaq fell nearly 22 points to close at 3,423. for the week, both the dow and the nasdaq lost more than 1%. those are some of the day's major stories. now, back to judy. >> woodruff: today the city of detroit, and its creditors, were presented with a...
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Jun 16, 2013
06/13
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CSPAN
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eye 102
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lot has changed since then technology and globalization are remaking our economy and society, but our values still inspire the world and still can guide our way forward. finally, what this meaning -- with this meeting is about, and what we have to be about is working together. thatoming the lines divide us, whether it's partisan, cultural or geographic. holding on what we know works, we can take on any challenge we confront. so i am excited to be here, to be one of your new partners, thank you for participating. for your ideas, your perspective, and most of all for your commitment. you really are part of the solution. thank you all. [applause] >> today on c-span, defense secretary hagel and joint chiefs of staff chair, general martin dempsey, testified on the 2014 defense budget. then a look at sexual assault are mentioned in the military, first from army secretary john mchugh and general ray odierno. tomorrow on "washington journal" a look at the week ahead for congress and the white house. followed by an update on nsa surveillance programs and the case against edwards noted with for
lot has changed since then technology and globalization are remaking our economy and society, but our values still inspire the world and still can guide our way forward. finally, what this meaning -- with this meeting is about, and what we have to be about is working together. thatoming the lines divide us, whether it's partisan, cultural or geographic. holding on what we know works, we can take on any challenge we confront. so i am excited to be here, to be one of your new partners, thank you...
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Jun 20, 2013
06/13
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CNBC
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eye 82
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he is projecting the economy will get better, and we would agree. but now i think people are worried about the removal of the monetary stimulus, and they just don't have confidence yet in the economy. >> remember when we were hitting those new highs on almost a daily basis? everybody said, we need that pull-back to give people who haven't gotten gu tinto the mara chance to get into the mark. >> there's two things. there's sentiment on the fixed income markets. the fixed income markets have been overshooting. we have fixed income type of index and it has reached almost panic level at this point. generally when we see these panic levels in the fixed income market, three to six months later, we tend to see better returns with fixed income, so the bottom market is overdoing it in terms of the upside on yields. it doesn't mean they can't go a little bit further from here, but it feels like it's getting somewhat overdone at this point. >> jim, if you're not the rangeer, you're the big ranger here, so why do you have a range from 15-something to 17-somethi
he is projecting the economy will get better, and we would agree. but now i think people are worried about the removal of the monetary stimulus, and they just don't have confidence yet in the economy. >> remember when we were hitting those new highs on almost a daily basis? everybody said, we need that pull-back to give people who haven't gotten gu tinto the mara chance to get into the mark. >> there's two things. there's sentiment on the fixed income markets. the fixed income...
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Jun 15, 2013
06/13
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FOXNEWSW
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eye 128
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we have essentially a fascist economy, jonathan is promoting you need to get big. that wrong. big government, big business and big labor and they are all in cahoots. verizon didn't do this on their own. government leases that line. they provided the financing to verizon. the government and verizon is hand and glove. government and g.e. are hand and glove and five banks control 60% of banking assets. everybody is too big. >> verizon has done nothing. you are dumping on verizon. they have done actually nothing. wayne, want a small phone company. great, put two tin cans together. it's not going to serve anyone. >> oh, please! you are shooting off your mouth about something you do not know. >> eric: hold on. jonathan says verizon has done nothing but as far as i understand, it's meta data. >> what did you have in your ceel yar this morning. this is so not ui. this is snooping. this is the kind of stuff people are supposed to hated. if you want to gather -- i sign the do the ted line, we got this fiber thing going from new jersey and virginia. we want you to know about that. nobody
we have essentially a fascist economy, jonathan is promoting you need to get big. that wrong. big government, big business and big labor and they are all in cahoots. verizon didn't do this on their own. government leases that line. they provided the financing to verizon. the government and verizon is hand and glove. government and g.e. are hand and glove and five banks control 60% of banking assets. everybody is too big. >> verizon has done nothing. you are dumping on verizon. they have...
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98
Jun 17, 2013
06/13
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WGN
tv
eye 98
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top artists will be repairing the economy and engaging in more >> he held his first news conference today. with his international sanctions over nuclear program. it says he foresees a fresh opportunity for global interaction. he is not ready to suspend uranium. received a little more than 50 percent of the vote. world leaders are in northern ireland to the for the opening of the chiefs othe pga summit. as partf broader crowell strategies. rick support hundreds of thousands of >> the man who blew the lid off of the top secret surveillance program is now causing tension. allegations that the country's intelligence agencies canada controversial secret surveillance. seen documents indicating spy agencies. >> amount of government scandals has cost a dramatic reversal of fortune. in a poll shows the approval rating down sharply. a majority of americans disapprove. 61 percent disapprove of obama handling of the domestic spying program. only 35 percent approved. 62 percent believe the government has collected personal phone our internet records. apple is joining facebook and microsoft in releasin
top artists will be repairing the economy and engaging in more >> he held his first news conference today. with his international sanctions over nuclear program. it says he foresees a fresh opportunity for global interaction. he is not ready to suspend uranium. received a little more than 50 percent of the vote. world leaders are in northern ireland to the for the opening of the chiefs othe pga summit. as partf broader crowell strategies. rick support hundreds of thousands of >> the...
114
114
Jun 19, 2013
06/13
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CNBC
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eye 114
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if market does well when the economy does well. this is just a short-term thing of people addicted to sugar, get them off the sugar, they'll be fine. >> do you think job growth is strong enough? the last four reports, the average growth rate has been about 194,000 jobs. chairman bernanke was suggesting, you know, he's throwing out the caveat that we're talking about a timetable of starting the tapering later this year, assuming that that kind of job growth continues. do you think it will? >> i think, actually, he's doing better, if you look at the household survey, which means it's small businesses that may be more robust than we think. this whole premise that the federal reserve is helping the economy by doing what it's doing, i think needs to be closely re-examined. it's sent credit to things like fannie and freddie, from the federal government to big companies, but it also means that it's been a slow trickle of credit until recently, to smaller businesses, which are the real job creators in this economy. and you look at insuranc
if market does well when the economy does well. this is just a short-term thing of people addicted to sugar, get them off the sugar, they'll be fine. >> do you think job growth is strong enough? the last four reports, the average growth rate has been about 194,000 jobs. chairman bernanke was suggesting, you know, he's throwing out the caveat that we're talking about a timetable of starting the tapering later this year, assuming that that kind of job growth continues. do you think it will?...
82
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Jun 17, 2013
06/13
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MSNBCW
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eye 82
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we'll keep working to strengthen our economies. including through efforts, the broad economic initiative announced on friday to unlock new opportunities between our two countries. because jobs and opportunities are essential to peace. our scientists will keep collaborating with yours in fields like nanotechnology, energy. on both sides of the atlantic. because progress is essential to peace. and because knowledge and understanding is essential to peace we'll keep investing in programs that enrich both of us. including exchanges programs that have given people to travel to each other's country and learn from each other. one of those young people is here today, sill vie gordon, is the director of ground worked northern ireland, aims to bring about change from the ground up. where is sylvia? where is she? she's here somewhere. you're here, too, yeah. some kind waved i'm here. which is good, i appreciate you being here. as someone who got my start as a community organizer i was so impressed with what sylvia has done. a few years ago, s
we'll keep working to strengthen our economies. including through efforts, the broad economic initiative announced on friday to unlock new opportunities between our two countries. because jobs and opportunities are essential to peace. our scientists will keep collaborating with yours in fields like nanotechnology, energy. on both sides of the atlantic. because progress is essential to peace. and because knowledge and understanding is essential to peace we'll keep investing in programs that...
85
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Jun 16, 2013
06/13
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CSPAN2
tv
eye 85
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so we were number one anymore, blue number three against pretty dynamic economies. over the last 13 years, with now dropped down to number 18. when people ask what is wrong with the economy, why do we have such high unemployment? y has disposable income per capita basis, why is that decline in house over the last 10 years? the answer is right there. we are less free today than we were 13 years ago. as are economic freedom declines, government regulation increase, taxes increased, the engine that is the basis for our prosperity, which is business is lessened and prosperity is therefore declining as well. as economic freedom does not come so does prosperity. so if the business people are willing to speak up for free enterprise capitalism, we can expect economic freedom to continue to lesson in american press verity will continue to lesson as well. we are far from a free enterprise capitalist system anymore. we are moved towards a crony capitalistic system, where we've got a government and big business often times colluding with each other. the great example is the fis
so we were number one anymore, blue number three against pretty dynamic economies. over the last 13 years, with now dropped down to number 18. when people ask what is wrong with the economy, why do we have such high unemployment? y has disposable income per capita basis, why is that decline in house over the last 10 years? the answer is right there. we are less free today than we were 13 years ago. as are economic freedom declines, government regulation increase, taxes increased, the engine...
73
73
Jun 23, 2013
06/13
by
FBC
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eye 73
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you are underwater or eager to buy, higher rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttel on 17 # billion in bond fund investmes. before you give in, remember this, the high education ever mortgage rates according to freddie mack back in early october of 81. 18.6%. heyey, things could be worse. that's my two cents more. that's all for tonight's willis report. have a great ♪ >>om: many of us are not happy with the governmen scooping up all our information but the snoops s they only check on foreigners and not citizens. is that true? can we trust them? we're talking how data flows flew thenternet and at iormaon they are really storing right here, right now. >> tom: thanks for joining us. he at the top of the stack. amount of da flowing through the pipes that make up the internet is tremendous. the compaint after 9/11 ere was too much informationor our government to follow and they did not connect the dots and hence the attack. now t
you are underwater or eager to buy, higher rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttel on 17 # billion in bond fund investmes. before you give in, remember this, the high education ever mortgage rates according to freddie mack back in early october of 81. 18.6%. heyey, things could be worse. that's my two cents more. that's all for tonight's willis report. have a great ♪ >>om: many of us are not...
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63
Jun 17, 2013
06/13
by
KICU
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eye 63
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either, and says his firm is moving back to the financial sector with the housing market recovering, the economy stable, and businesses and consumers ready to borrow. a number of critical shareholder meetings are coming up, including a meeting today of elan shareholders. and this one is big. elan has been the focus of the hostile takeover battle of the year, and now the company is up for sale. board members want royalty pharma to make an offer. the company already rejected royalty's $6.7 billion bid. what's at stake are profits from elan's potential new blockbuster drugs. friday, shares closed up $1.05. meanwhile, office depot's largest shareholder is pushing for decisions. starboard value claims the office supply company failed to hold a shareholder meeting to elect new board members. starboard wants the board elected now, in the event the company's plan to merge with office max falls through. a special shareholder meeting is set for july 10th. the new contract for caterpilllar workers went into effect sunday, and just as employees signed off on the deal, cat is laying off a third of the worker
either, and says his firm is moving back to the financial sector with the housing market recovering, the economy stable, and businesses and consumers ready to borrow. a number of critical shareholder meetings are coming up, including a meeting today of elan shareholders. and this one is big. elan has been the focus of the hostile takeover battle of the year, and now the company is up for sale. board members want royalty pharma to make an offer. the company already rejected royalty's $6.7...
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96
Jun 15, 2013
06/13
by
FOXNEWSW
tv
eye 96
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we have essentially a fascist economy. >> go ahead, jonathan. >> verizon's done nothing. you're all dumping on verizon. they've done absolutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan says verizon has done nothing. as far as i understand -- >> this blows my mind. this is so not jonathan. what did you have in your cheerios this morning, jonathan? this is so not you! come on, now! this is snooping. this is the kind of stuff that people like you are supposed to hate. if you want to gather intelligence, tell me. eric is right. i should have signed on the dotted line that said hey, you'll be protected. we've got this cable going from new jersey to virginia. >> let me read this to you. i've got to do this. i carry this in my pocket every single day. it's not a prop. it's the u.s. constitution, f
we have essentially a fascist economy. >> go ahead, jonathan. >> verizon's done nothing. you're all dumping on verizon. they've done absolutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan...
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22
Jun 16, 2013
06/13
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MSNBCW
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eye 22
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ the trick again and again. >> everybody knows what it is to be the kid trying to do the trick and failing a whole bunch of times. >> you are in the zone, expecting something to happen. >> and then, something does. >> oh my good the kid gets crushed. >> you gasp and sort of scream the first time you see it. >> holy crap, that kid okay? >> you are wondering what on earth happened? >> they are not hurt in the making of the video. in fact, it's not a magic trick but a camera critic created as a viral marketing campaign for the gop variete theater in germany. >> it's a thing for all senses, you just sit there and you look with wide eyes. it's very fascinating. >> we have several in germany and 700,000 people coming to our shows every year. >> however the theater wants to attract a younger demographic. they hire film ma
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ the trick again and again. >> everybody knows what it is to be the kid trying to do the trick and failing a whole bunch of times. >> you are in the zone, expecting something to happen. >> and then, something does....
70
70
Jun 23, 2013
06/13
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CSPAN2
tv
eye 70
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i have a column on cooperatives and the al terntive economy. there's no better magazine in the country than "yes" magazine to tell you there's a burgeoning alternative economy expanding in the united states locally controlled, not just co-ops, but community banks instead of city banks, credit unions instead of bank of america, farmer to consumer markets are 8,000 and growing all over the country, renewable energy locally, and many other local efforts that speak the strategy of displacement of large multinational corporations by getting their customers to move into the community economics world, and just a couple more, and then we can have a good discussion. i have columns on very enlightened ceos, and my favorite is the late ray anderson of interface corporation who decided in 1994 for the company's biggest carpet tile manufacturer in the world out of atlanta, georgia. i heard a lecture on industrial ecology by paul hopkins, and he was a man changed calling himself a recovering plundering of the planet. [laughter] and he swore he was going to t
i have a column on cooperatives and the al terntive economy. there's no better magazine in the country than "yes" magazine to tell you there's a burgeoning alternative economy expanding in the united states locally controlled, not just co-ops, but community banks instead of city banks, credit unions instead of bank of america, farmer to consumer markets are 8,000 and growing all over the country, renewable energy locally, and many other local efforts that speak the strategy of...
64
64
Jun 22, 2013
06/13
by
FBC
tv
eye 64
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you are underwater or eager to buy, higher rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttwel on 17 # billion in bond fund investments. before you give in, remember this, the high education ever mortgage rates according to freddie mack back in early october of 81. 18.6%. hey, things could be worse. that's my two cents more. that's all for tonight's willis report. have a great weekend. weekend. lou: good evening, everybody, and thank you for being withs. breaking news tonight, federal prosecutors have filed chaes against nsa weaker edward snowden. they have charged snowden with espionage, tft and conversion of government property. a jurisdictionith a long history of prosecuting espionage cases must warn the deveping story throughout the broadcast. and the president officially nominated this man to replace robert mueller
you are underwater or eager to buy, higher rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttwel on 17 # billion in bond fund investments. before you give in, remember this, the high education ever mortgage rates according to freddie mack back in early october of 81. 18.6%. hey, things could be worse. that's my two cents more. that's all for tonight's willis report. have a great weekend. weekend. lou: good evening,...
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Jun 17, 2013
06/13
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FBC
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economy by 240 million pounds or $300 million u.s. dollars. @%w we continue the countdown to the closing bell with liz claman. ♪ liz: every monday, we love to look at stocks getting what we call the barren's bounce, and today is no exception. nicole, these are the names that are mentioned either positively or negatively, but a bounce is more positive; right? >> that's right. people read barrens over the weekend, and you know the stocks react if it's good news. they may jump if it's bad news or sell off. in this case, it's a chip maker looking at advanced microdevices up 3 #% now because it's been on the rise. the article over the weekend said that advanced microstock could actually double. wouldn't you love to wake up nd read barrens over the weekend and see that your favorite stock you are invested in could double? that's what they are saying because there was an acquisition, a 2012 purchase of the micro to gain market sharement wanted -- share. i wanted to take you over to big lots shining up 3.2% now as 33.91 because they, too, are gettin
economy by 240 million pounds or $300 million u.s. dollars. @%w we continue the countdown to the closing bell with liz claman. ♪ liz: every monday, we love to look at stocks getting what we call the barren's bounce, and today is no exception. nicole, these are the names that are mentioned either positively or negatively, but a bounce is more positive; right? >> that's right. people read barrens over the weekend, and you know the stocks react if it's good news. they may jump if it's bad...
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414
Jun 19, 2013
06/13
by
KNTV
tv
eye 414
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it's everyday reinvesting for your personal economy. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. on my feet and exactly where i needed more support. then, i got my number. my tired, achy feet affected my whole life. until i found my number. i tried the free dr. scholl's foot mapping center. in two minutes, i got my foot map and custom number. i'm a 440. that matched up to the dr. scholl's custom fit orthotic inserts with the right support and cushioning i need. i am a believer. i'm a believer! i'm a believer. go to drscholls.com to find your closest walmart with a foot mapping center. >>> finally tonight, following up on the victims of the boston bombing, specifically a man we first met in the hospital soon after the attacks, and the man who helped him. tonight, we chronicle this bond that has grown between these two men. our report tonight from nbc's anne thompson. >> good to see you again. cong
it's everyday reinvesting for your personal economy. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. on my feet and exactly where i needed more support. then, i got my number. my tired, achy feet affected my whole life. until i found my number. i tried the free dr. scholl's foot mapping center. in two minutes, i got my foot map...
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116
Jun 22, 2013
06/13
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CSPAN2
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eye 116
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russia used to have a much larger and the soviet union before the economies collapse had a larger intelligence system but then they fell on hard times after the collapse of communism. they are on their way back but they are still a shadow of their former self. does that answer the question? >> i don't mean to be disrespectful by asking this but nevertheless what does your book do different from the multivolume of dr. johnson in his years in executive summary of his? i don't mean to sound disrespectful. it's been a common note disrespect taken. actually, i am almost tempted to drag, pierre and let him give his side of the story but what i tried to do -- tom's multivolume history is wonderful except that there is still huge chunks of it they remain classified. a i tried to fill in some of the blanks and in some cases with some success, and others not. i tried to add material that was not contained in tom's multivolume history because with all due respect to my friend back there, there were many other things written on specific operations and specific aspects of the agency and i tried to bring th
russia used to have a much larger and the soviet union before the economies collapse had a larger intelligence system but then they fell on hard times after the collapse of communism. they are on their way back but they are still a shadow of their former self. does that answer the question? >> i don't mean to be disrespectful by asking this but nevertheless what does your book do different from the multivolume of dr. johnson in his years in executive summary of his? i don't mean to sound...
386
386
Jun 23, 2013
06/13
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CSPAN2
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eye 386
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the other major part of this is the budget, the lack of money, the economy. this current administration the city of chicago has reduced the police department by 15 to 1700 officers in the way they were able -- they reduce the budget by a thousand and they were just 700 short on top of that. the way they were able to keep officers in neighborhoods list or read the other units, said task force special operations that 30 or 40 men and women set to your neighbors at a minute notice. they don't exist anymore. if applied changes on a graphic compare them to spikes in shootings and there's a perfect correlation between changes in manpower and shootings in the city of chicago. they finally have recognized their error and this is interesting, have applied to the federal government under the veterans program for this money for jobs for veterans returning to server placing her rehiring police officers in the city of chicago with federal money. it's a terrible situation. >> i think were just about out of time, said that to thank everybody for coming in through the book h
the other major part of this is the budget, the lack of money, the economy. this current administration the city of chicago has reduced the police department by 15 to 1700 officers in the way they were able -- they reduce the budget by a thousand and they were just 700 short on top of that. the way they were able to keep officers in neighborhoods list or read the other units, said task force special operations that 30 or 40 men and women set to your neighbors at a minute notice. they don't...
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269
Jun 22, 2013
06/13
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KNTV
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eye 269
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the economy here is booming. it's the sixth largest in the world. but many have been left behind, millions still living in extreme poverty. >> even if brazil is one of the largest economies in the world, we have one of the biggest inequalities. >> reporter: the government has made concessions, rolling back a 20-cent fare hike in public transportation. but the demonstrations have only grown. >> we pay so much taxes and we don't have education, health, human rights. >> reporter: the protesters have surprised even themselves with their numbers, but there is no clear leader, no clear agenda, and so far tonight, no end in sight. miguel almaguer, nbc news, rio de janeiro. >>> and still ahead for us this evening, out of the classroom and in the field. real-life lessons part of an innovative new way of teaching and something remarkable happening for a lot of kids. >>> and later, high honors tonight for james gandolfini from the folks from back home. >>> we are back with our "education nation" report and what might be the definition of a teachable moment for
the economy here is booming. it's the sixth largest in the world. but many have been left behind, millions still living in extreme poverty. >> even if brazil is one of the largest economies in the world, we have one of the biggest inequalities. >> reporter: the government has made concessions, rolling back a 20-cent fare hike in public transportation. but the demonstrations have only grown. >> we pay so much taxes and we don't have education, health, human rights. >>...
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92
Jun 18, 2013
06/13
by
CNBC
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eye 92
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one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off, slow job growth and tax and regulatory policies the two maintaining the top spot for the second month in a row. let's see some of the other ones, 11% sluggish overseas growth, overall uncertainty. asset price bubbles and declines. slow income growth, slow overall growth, and then there's negative economic commentary by the press. thought i'd throw that in there. someone did mention that. as for the overall economic outlook, really unchanged since the april survey. looking for 2.1% year over year and accelerating to 2.6% next year. tyler, not a lot of concern about
one of the biggest problems in the economy, interesting changes here. used to be concerned about too little deficit reduction. that back in april. that's fallen off. not a whole lot of concern about deflation or overall inflation and a little bit more concern about too much deficit reduction, that the sequester is hitting the economy in a bad way, but those aren't on the top. let's go to the next one to look at the top, the next graphic, there we go. the european financial crisis falling off,...
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Jun 15, 2013
06/13
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KNTV
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as the economy slowly recovers, many of the new jobs are concentrated in low-wage areas like fast food restaurants. nbc news reporting on poverty in america, supported by the ford foundation and in tonight's "in plain sight" report, you may be surprised to learn who some of these folks are and what it takes for them to feed their families. we get our report from nbc's kevin tibbles in chicago. ♪ we serve it up with a smile >> reporter: for many, this is the face of the fast food industry, happy young kids flipping burgers after school. but these days that person taking your order for minimum wage is much more likely to be older. >> we can't afford to live on what we make. >> reporter: people like 56-year-old interior designer amy crawford, who now works behind the counter for $8.75 an hour. >> i would have described myself as very comfortably middle class. >> reporter: and now? >> and now i'm getting by. >> reporter: crawford says she has been seeking a job in her field over a year, dipping into retirement savings to pay the rent, and relying on food stamps. >> these folks use food s
as the economy slowly recovers, many of the new jobs are concentrated in low-wage areas like fast food restaurants. nbc news reporting on poverty in america, supported by the ford foundation and in tonight's "in plain sight" report, you may be surprised to learn who some of these folks are and what it takes for them to feed their families. we get our report from nbc's kevin tibbles in chicago. ♪ we serve it up with a smile >> reporter: for many, this is the face of the fast...
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83
Jun 18, 2013
06/13
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FBC
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according to onn former fed economist, the economy still needs the help. >> stated driven, depends on data, and right now climate gains have not been very good because of all of this sequester and that tax increases. as the fed feared. so it is not too surprising. they're going to need to see us get over this. >> but, at his press conference get the chance to clarify, even walk back those comments that he made in may on possible slower quantitative easing. liz: let's make our viewers clear. a news conference for you will take questions from people like you. @%e think it will go over into the show? has in the past gone so long. something tells me he wants to communicate, let the markets know, translating it for everybody. >> the press conference starts at 230. it usually goes now less than 45 minutes. probabby could go for an hour, maybe longer. liz: thank you very much. see you tomorrow. closing bell ringing in 49 minutes as investors wait for that moment, that announcement from fed chairman ben bernanke tomorrow. more important, what you do today. we have a three-point plan to help y
according to onn former fed economist, the economy still needs the help. >> stated driven, depends on data, and right now climate gains have not been very good because of all of this sequester and that tax increases. as the fed feared. so it is not too surprising. they're going to need to see us get over this. >> but, at his press conference get the chance to clarify, even walk back those comments that he made in may on possible slower quantitative easing. liz: let's make our...
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state of the art sports complex is a sign of progress that will benefit the economy you have to wonder what good are these stadiums if they're building cities that can educate their kids but can't provide health care to their sick and where the citizens don't even seem to want him in washington same sex are two it hasn't exactly been the easiest political season for canadian politicians who've been mired in scandal after scandal after scandal first up toronto mayor rob ford has been accused of smoking crack on camera this alleged video has yet to be released but he's still in office next up montreal interim and mayor michael applebum who resigned yesterday after being arrested and charged with fourteen counts of fraud and conspiracy among other charges and applebaum took office for the last mayor of montreal gerald tremblay who left office in november after evidence surfaced that his staff allegedly took bribes his corruption probe is still ongoing and finally london ontario joe fund tanna who is currently under indictment for misusing public money for his son's wedding he plans to see
state of the art sports complex is a sign of progress that will benefit the economy you have to wonder what good are these stadiums if they're building cities that can educate their kids but can't provide health care to their sick and where the citizens don't even seem to want him in washington same sex are two it hasn't exactly been the easiest political season for canadian politicians who've been mired in scandal after scandal after scandal first up toronto mayor rob ford has been accused of...
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Jun 20, 2013
06/13
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MSNBCW
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aaa says the sluggish economy and people are taking less time off. >>> microsoft is reversing course now on its new xbox one game console. users will be able to play games offline without having to be connected to the internet at all. they'll also be able to lend and sell used games. it goes on sale this fall for $499. in the market, stock futures are lower after they got slammed wednesday following comments by ben bernanke that the federal reserve may soon start scaling back its economic stimulus programs. that's if the economy keeps impruchg bernanke says that doesn't mean an interest rate hike is imminent. we will, though, be watching the markets all day today. >>> homeowners can expect to pay a little less to keep the ac on this summer. according to the u.s. energy information administration, milder weather is predicted for the summer to help give some relief to those power bills. the average homeowner can expect to pay about $395 for june, july and august. >>> the second largest school system in the country plans to order ipads for every student. the los angeles board of ed has
aaa says the sluggish economy and people are taking less time off. >>> microsoft is reversing course now on its new xbox one game console. users will be able to play games offline without having to be connected to the internet at all. they'll also be able to lend and sell used games. it goes on sale this fall for $499. in the market, stock futures are lower after they got slammed wednesday following comments by ben bernanke that the federal reserve may soon start scaling back its...
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Jun 20, 2013
06/13
by
FBC
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eye 82
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>> the economy is healing. we are seeing a very modest recovery that has lasted as long as most recoveries and potentially collapse along because it has been some modest. this shows a lot of basically capacity in the system and the fact is real-estate is recovering very late in the cycle which is unusual, it is usually the beginning of a cycle and that is one of the things that is helping to begin to turn to extend this recovery longer. dennis: peter schiff -- you have been telling us for years to buy gold and gold is down 27% or 30% from its recent highs, why is gold down today? why is it not a safe haven when stocks are plunging? >> people and making the mistake by selling their goal. doesn't only goal of. people doing the wrong thing, people are misinterpreting what is happening in the economy like your guest is. the economy is not recovering. it is in worse shape than it was before the fed began this crazy experiment. always manage to do with record amounts of stimulus is blow a little air back into a defla
>> the economy is healing. we are seeing a very modest recovery that has lasted as long as most recoveries and potentially collapse along because it has been some modest. this shows a lot of basically capacity in the system and the fact is real-estate is recovering very late in the cycle which is unusual, it is usually the beginning of a cycle and that is one of the things that is helping to begin to turn to extend this recovery longer. dennis: peter schiff -- you have been telling us for...
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Jun 20, 2013
06/13
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KNTV
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if the economy keeps improving. but bernanke says that doesn't mean an interest rate hike is imminent. richard, back to you. >> kayla, thank you. >>> the country's second largest school system plans to order ipads for every student. the los angeles board of education approved a $30 million multi-year purchase. the first order, 31,000 ipads. the district has some 640,000 students, grades k through 12. the names george zimmer may not ring a bell but this ad certainly will. >> you're going to like the way you look. i guarantee it. >> zimmer was the public face of men's warehouse. now he's fired by the board of the company he founded with a single store in texas over 40 years ago. the company gave no reason. zimmer told cnbc he had concerns about the company's direction. and famed italian fashion designers dolce and gabana have been fined and given suspended 20-month prison sentences for tax evasion. d & g is accused of setting up a front company in luxembourg where taxes are 33% cheaper than in italy. >>> bosh scolds t
if the economy keeps improving. but bernanke says that doesn't mean an interest rate hike is imminent. richard, back to you. >> kayla, thank you. >>> the country's second largest school system plans to order ipads for every student. the los angeles board of education approved a $30 million multi-year purchase. the first order, 31,000 ipads. the district has some 640,000 students, grades k through 12. the names george zimmer may not ring a bell but this ad certainly will. >>...
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Jun 22, 2013
06/13
by
FBC
tv
eye 51
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you are underwater or eager to buy, highr rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttwel on 17 # billion in bond fund investments. before you giv in, remember this, the high education ever mortgage rates acording to freddie mack back in early october of 81. 18.6%. hey, things could be worse. that's my two cents more. that's all for toight's willis report. hahave a grea >> who do you trust from the leader you a supposed to trus may be can't he trusted? president obama: when it comes to telephone calls nobody's listening to your telepho calls. that is not for this program is about. charles: tonight the proof the government i listening in and that's exactly what the nsa ogram is all about. welcome, everybody, i'm charles payne in for neil cavuto. the documents show the nsa is listening in on phone calls and collecting e-mails from ornary americans and worse yet it is holding onto these recordings for five years. reason magazine says it is tough
you are underwater or eager to buy, highr rates could hurt the housing recovery helping the broader economy. one report this week had individual investors throwing in the ttwel on 17 # billion in bond fund investments. before you giv in, remember this, the high education ever mortgage rates acording to freddie mack back in early october of 81. 18.6%. hey, things could be worse. that's my two cents more. that's all for toight's willis report. hahave a grea >> who do you trust from the...
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Jun 18, 2013
06/13
by
CURRENT
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and the economy is headed up. people would have said well cause and effect they slash taxes for the wealthy again, slash regulations, slashed programs for the poor. got rid of that jimmy carter barack obama fluke, and look the economy is up. this was a critically important election. i have covered nine of them mostly for news week magazine. this one was the most important election because if the ion ayam rand loving paul ryan would have been elected it was on the line. >> michael: and not the least of which was once again another contest was decided by a bartender. jonathan alter, the book is called "the center holds obama and his enemies." we thank you for being with us. >> it was fun. >> michael: coming up we go into the againeticly modified food debate. a discussion that will make you run into the backyard to start your own garden i promise. >> michael: last month an oregon farmer sound a mysterious type of genetically modified wheat in his field. it was developed by monsanto to resist the herbicide round up. g
and the economy is headed up. people would have said well cause and effect they slash taxes for the wealthy again, slash regulations, slashed programs for the poor. got rid of that jimmy carter barack obama fluke, and look the economy is up. this was a critically important election. i have covered nine of them mostly for news week magazine. this one was the most important election because if the ion ayam rand loving paul ryan would have been elected it was on the line. >> michael: and not...
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Jun 20, 2013
06/13
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CNNW
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. >> it's contingent on the economy improving. unemployment is getting as low as 6.5% next year. that would be nice. currently, it's 7.6%. >>> home prices are rising. enjoy it while it lasts. they rose in may compared to may of 2012. most cities are seeing big, double digit gains. prices in las vegas up 28%. similar moves, san francisco, san jose, phoenix, they were hit hardest by the housing bust. it's bound to slow down as mortgage rates rise. >>> two of the most famous clothing designers. an italian court says they cheated on taxes. they will not serve time in prison, but do community service oar house arrest. they plan to appeal the verdict. >> revolutionize prison jump suits. >> imagine that. >> we spend a lot of time together now. i spend more time with you than my wife. i have not seen her worked up about anything like that. >> the fed is going to withdraw the stimulus. remember all the terrible words, the fed giving a road map for pulling back the stimulus from the economy. it will be next year. that means you won't have $85 billion a month going into the market. >> it's
. >> it's contingent on the economy improving. unemployment is getting as low as 6.5% next year. that would be nice. currently, it's 7.6%. >>> home prices are rising. enjoy it while it lasts. they rose in may compared to may of 2012. most cities are seeing big, double digit gains. prices in las vegas up 28%. similar moves, san francisco, san jose, phoenix, they were hit hardest by the housing bust. it's bound to slow down as mortgage rates rise. >>> two of the most...
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Jun 17, 2013
06/13
by
CNN
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so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r credit score. something over 700 or 720. >> reporter: a quick closing at a time also helps. >> you get your best rate from a lender if you lock in for 30 days. standard to lock in for 60 days. the longer you go out, the more expensive it will be. >> reporter: ask your lender about a float down provision so your rate could be adjusted lower if rates do slip again. if you're still looking for the right house, make sure you're preapproved for a mortgage. and pay down your debt while interest rates on auto loans and credit cards are still low. >> this is a time to take
so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r...
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Jun 17, 2013
06/13
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MSNBC
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some of them took it up on it and their economies began to improve. then they pivoted to deficit reduction way too early and by the bit off this austerity idea to the point where you can just watch their unemployment rate reverse course and start to go up. now much of the eurozone is in recession with unemployment rates well in excess of 10%. >> look what they've got in terms of youth unemployment. youth unemployment in spain, 57%. greece 52%. that's a lost generation, isn't it? and isn't that what the president of the united states has actually been working to prevent from happening, losing a generation of young people? >> well, it's true. and in fact, in spain, the overall unemployment rate is around 25%. youth over 50%. now, back in the u.s. great depression, great depression, we bemoaned an up employment rate that was that high. we're not talking recession anymore. we're talking depression for these countries. and again, if you happen to be so unfortunate as to start your economic life in an economy like that, even if things improve as they will d
some of them took it up on it and their economies began to improve. then they pivoted to deficit reduction way too early and by the bit off this austerity idea to the point where you can just watch their unemployment rate reverse course and start to go up. now much of the eurozone is in recession with unemployment rates well in excess of 10%. >> look what they've got in terms of youth unemployment. youth unemployment in spain, 57%. greece 52%. that's a lost generation, isn't it? and isn't...
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Jun 21, 2013
06/13
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CNBC
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the economy is getting better. but i think you have to slowly put your money that you have on the sidelines into cash. yesterday money only went to cash. you know, the commodity complex sold off. the bonds sold off. equities sold off. emerging markets got hammered. i think there's more dry powder on the sidelines. i think we just have to see if certain levels hold. but we're still very constructive going forward with a 1650 to 1700 s&p target. the problem is this. when volatility increases, anxiety increases. and investors seek certitude. the fed did not give us full certitude because they were talking one thing while the market was bringing rates up ahead of them. i think it's something we have to watch and just be flexible right now. >> you bring up an interesting point. the algorithms and the computerized trading. we've talked, you know, we were yus talking about someone else who was mentioned in morning money. i know that's something ron baron mentioned. doug cass was just talking about that. how big of a probl
the economy is getting better. but i think you have to slowly put your money that you have on the sidelines into cash. yesterday money only went to cash. you know, the commodity complex sold off. the bonds sold off. equities sold off. emerging markets got hammered. i think there's more dry powder on the sidelines. i think we just have to see if certain levels hold. but we're still very constructive going forward with a 1650 to 1700 s&p target. the problem is this. when volatility increases,...
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Jun 20, 2013
06/13
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KICU
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eye 155
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even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> repor
even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend...
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Jun 22, 2013
06/13
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CSPAN
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eye 153
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does the economy recover painfully slowly? yesterday john taylor at stanford has an interesting study. this is the worst recovery from a financially related recession in the history of the united states. generally, the markets are slow to recover. this is far worse. this involves the entire economy. it was not in the financial collapse. ,ost: in the financial times have a headline, fed signals sent investors running for cover. he delivered the clearest signal yet that the u.s. central bank was preparing to scale back or tapir its monthly asset purchases as long as u.s. economic conditions improve as expected. he commented at a news conference on thursday. was speedy and brutal. from georgeers mason university is here to talk to us about that. our next call is charles on our line for democrats. caller: it is nice to be able to speak this morning in reference to the economy. my issue is simply this. we have an economy with the laws are not enforced. the big bank ceo's have gotten away with murder and wrecked in this country. not
does the economy recover painfully slowly? yesterday john taylor at stanford has an interesting study. this is the worst recovery from a financially related recession in the history of the united states. generally, the markets are slow to recover. this is far worse. this involves the entire economy. it was not in the financial collapse. ,ost: in the financial times have a headline, fed signals sent investors running for cover. he delivered the clearest signal yet that the u.s. central bank was...
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Jun 20, 2013
06/13
by
KGO
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but bernanke says the economy is clearly on the mend. mortgage and car loan rates are expected to rise as a result. >>> and the fed's plan rattled investors. and stocked plunged on the news. all fell on how smoothly those interest rates will rise. >>> best buy is bringing back the popular iphone trade-in deal. beginning tomorrow, until next saturday, you can turn in an iphone 4 and 4s and get an iphone 5. >>> men's warehouse has fired its founder, george zimmer, as the man who promised you'll like the way you look. he turned one texas store into a chain of more than 1,100. he stepped down as ceo in 2011 but remained executive chairman until yesterday. in a statement, zimmer said only the he and the board of directors disagreed about the company's direction. >>> and more on the death of james gandolfini. television is paying tribute to what his most famous character did for the media. "the sopranos" led the way to a new era of well-written tv shows, featuring complex characters, and rich, dramatic plots. the six seasons brought big money
but bernanke says the economy is clearly on the mend. mortgage and car loan rates are expected to rise as a result. >>> and the fed's plan rattled investors. and stocked plunged on the news. all fell on how smoothly those interest rates will rise. >>> best buy is bringing back the popular iphone trade-in deal. beginning tomorrow, until next saturday, you can turn in an iphone 4 and 4s and get an iphone 5. >>> men's warehouse has fired its founder, george zimmer, as...
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563
Jun 18, 2013
06/13
by
WGN
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eye 563
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partnership would increase exports decrease barriers as part of a broader strategy for both of our economies that was to pour hundreds of thousands of jobs on both sides of the ocean. >> he also met with russian president vladimir putin tried to talk him down from his support of the syrian government. they both agreed they have a difference of opinion on the issue. >> new england patriots owner says vladimir putin stole his 2005 s super bowl ring. he gave him the ring in a visit. a few days after the passing of the ring there was confusion as to whether the ring was a gift or whether it it was stolen.kraft claims it was a gift. >> we have all kinds of changes in the 7 day forecast. a slight chance of a storm tomorrow 77 degrees on wednesday 85 on a thursday at " make it up to 90 degrees on saturday. showers and thunderstorms also possible for saturday night and sunday. mostly cloudy on monday with a high of 89 degrees. >> miss utah had this deer in headlights moment when she was asked about male and female income disparities. >> we're continuing to try to strive to ... figure out how to crea
partnership would increase exports decrease barriers as part of a broader strategy for both of our economies that was to pour hundreds of thousands of jobs on both sides of the ocean. >> he also met with russian president vladimir putin tried to talk him down from his support of the syrian government. they both agreed they have a difference of opinion on the issue. >> new england patriots owner says vladimir putin stole his 2005 s super bowl ring. he gave him the ring in a visit. a...
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120
Jun 20, 2013
06/13
by
KTVU
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eye 120
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even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> repor
even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend...
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Jun 22, 2013
06/13
by
CNBC
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eye 91
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another driver of the economy has slowed down of late. slowed down for all but the galleries of restoration hardware. there's been a rough couple of weeks for the consumer package good names. they had been viewed as bond market equivalents. was that proctor up for real, was that j&j rally for real? we have to know. when they report on wednesday, big g. and mccormick and conagra report on thursday, we'll find out if they can actually have more than just a dead cat bounce. if the numbers are good and the stocks go up maybe they're no longer hostage to the tnx i told you to follow. but you know, if the tnx goes higher and the stocks go down, we're in the same world of hurt. why am i showing this? this is from mccormick spice, old bay spice the special ravens model. i think it's cool. it might not matter if the interest rates keep going higher though, so remember it's the bond market stupid. two companies -- two companies that delivered terrific quarters last time around, nike and accenture give us the report cards on thursday. nike has been
another driver of the economy has slowed down of late. slowed down for all but the galleries of restoration hardware. there's been a rough couple of weeks for the consumer package good names. they had been viewed as bond market equivalents. was that proctor up for real, was that j&j rally for real? we have to know. when they report on wednesday, big g. and mccormick and conagra report on thursday, we'll find out if they can actually have more than just a dead cat bounce. if the numbers are...
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80
Jun 22, 2013
06/13
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CSPAN2
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eye 80
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that i represent, i hope your attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously there may be support for the merger because they are getting rid of someone they don't like or getting paid a lot more money but that doesn't mean necessarily we are not going to have labor unrest. back to the smaller airports what we did when we did our overlap study we found out airports like boston and bradley have some of the highest numbers of these overlapping connecting rooms so what happens is american airlines has we 3 or four routes back and forth between bradley and seattle or bradley, they might go bradley, chicago, seattle and someone might go bradley, philadelphia, chicago. as we right size it, i
that i represent, i hope your attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously...
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64
Jun 19, 2013
06/13
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CSPAN2
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eye 64
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. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that the cfpb should be subject to ensure greater accountability for the agency. this is despite the fact that congress has consistently provided for independent funding for other bank regulators. in your own personal view, can you tell me how likely you could explain why congress gave all the bank regulators independent funding, and to what extent is it important for a regulator with responsibility for examining large institutions with stable and consistent funding. >> congressman, i think that your last point is the point that having that stable funding allows us to focus
. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that...